Culture
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
[SINGAPORE] Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Luerssen (NVL) Australia for A$20 million (S$16 million) in cash, the company said on Thursday...
Gold inches higher as dollar softens, focus shifts to US economic data
Markets are awaiting US GDP data due later in the day and Personal Consumption Expenditures data on FridayPublished Thu, Jun 26, 2025 · 09:26 AM[BENGALURU] Gold prices nudged higher...
SGS bond demand to stay high as safe havens sought amid tariff risks, Middle East tensions: RHB
[SINGAPORE] Demand for Singapore Government Securities (SGS) bonds is set to stay high amid investor caution, as traders flock to safe havens on tariff uncertainty and Middle East tensions,...
CapitaLand India Trust prices S$100 million perpetual securities at 4.4%
DBS, UOB, JP Morgan Securities Asia and Deutsche Bank are the joint lead managers for the issuance[SINGAPORE] CapitaLand India Trust (Clint) has priced S$100 million in subordinated perpetual securities...
Bumble to lay off 30% of global workforce as dating apps struggle
[BENGALURU] Bumble said on Wednesday (Jun 25) it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to develop features...
Foxconn nears deal to supply electric buses to Mitsubishi Fuso: report
The Japanese commercial automaker and Taiwanese chipmaker are looking to create a new company to oversee the buses, according to the reportPublished Thu, Jun 26, 2025 · 08:46 AM[BENGALURU]...
Microsoft and OpenAI dueling over artificial general intelligence: report
Published Thu, Jun 26, 2025 · 08:46 AMMICROSOFT and OpenAI are at odds over a contractual provision related to artificial general intelligence, The Information reported on Wednesday.Under the current...
Stocks to watch: SIA, Sembcorp, Keppel, Cordlife, CapitaLand India Trust, Civmec, ASL Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 26): Singapore Airlines (SIA): The national carrier announced in its annual report on...
Circle K owner misses estimates on lower fuel prices, demand
[TORONTO] Circle K owner Alimentation Couche-Tard slightly missed earnings estimates for its fiscal fourth quarter earnings because of lower fuel demand.The Canadian convenience store and fuel retailer earned 46...
Shell says it has no intention of making an offer for BP
[LONDON] Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were in active merger talks.
The...